Thank you Peter

Ahhh what bears want to hear. Ignoring how bullish this market is. New higher highs and higher lows. They should call this website: Bear market cycles!

Brian1469 your comment about S&L crisis in 1987;

The Banks today not same as The S&L crisis in 87. It was caused by Reagan tax bill on Passive income Losses could not off set active ordinary income As result investor default on rental property mortgages since loss could not offset other income so investor paid minimal to no income taxes After passive lost rule in place investor lost money since some property had no rent income to pay the mortgage and investor then had to pay federal income tax plus negative lost paying mortgage So investors in lieu of foreclosure gave the keys to S&L Value of property drop 50% or more This was ROE property now owed by S&L could not be sold so feds (many large building has value in 10s of million in value ):came in and told S&L must mark value to market results S&L net value dropped to negative S&L can not operate with negative net value so Feds closed their doors Results BR I have personal knowledge lost 2 million in stock as director in local S&L plus another 6 million in so call income producing property owed individually the 200k lost off set 200k in income taxes The income tax saving paid the mortgage so in 15 years would have had no debt on property and all rent be profit at my retirement and lower tax rate But with passive income law I had to pay 200k neg on mortgage and now 200k in federal income tax total lost in net worth 10 million

Last updated 2 years ago

fast3777 said:

Thank you Peter

Check your Quotron; Japan is up +415(screaming higher)and all our futures are up Extremely rare to have a sever decline from highs in market. Okay, yes it happened in Feb 2020. Covid. Maybe there was another shake from highs but extremely rare. You are betting on a Hail Mary. Remember when you used to say “ buying 10000’s of VIX calls and make $$$$” VIX went from 21 to 13. Total wipeout Let the market break a significant moving average/ big level/ something . You are Peter’s echo chamber -and frankly, dead to rights wrong. There will be a 6-8 % correction , but short in an advance like this is just wrong . Wait for it

Last updated 2 years ago

I completely missed the commentary that was so bullish on June 30th. Must go back and see what I missed. I thought we always were focused and showing DOWNSIDE PROJECTIONS. Some with 87% statistical success. That was 2.2% ago. I wish I would have seen and gotten bullish on June 30. My bad

I agree on the .786 Fibo retracement “better stop ‘em”. I wrote that at 9:15 am this am ;

LFG !!! we are so close to the " better stop 'em" .786 Fibo retracements. in my calculations: NDX 15410 SPX 4522. Peter will likely say " even though we are above amazing trendline, need few more days OR its only a few % not up that much". Meanwhile another lost 2% ++ and its only Wednesday

Time for a vix update?

Another higher highs in pre market. It’s relentless bull market that’s is feeding off of rotation after another. Peter is just completely blinded by his bearish views. I think most of your viewers feel that you have completely lost it. And some of your bearish followers have completely lost their hard earned money.

It is in fact correct: on June 30th update( 45 mins long) Peter did spend 52 seconds showing the NDX up to 15320-15491 projection. But only mentioned lower end and also voiced doubt it getting there due to a +1.60% rally day in NDX it "didnt go higher than prev high". 1.6% is not enough of a rally ? in a 33% rally mode. No wonder I missed the "bullish call" as was noted in todays video. Nonetheless here we are. Feels like market could stall after Japan up 735 , we have been on a tear first 26 weeks of the year, a pause would be refreshing.

JUST LOOK AT THE CONTINUUM ON THE /NQ WEEKLY 110 AND THATS ALL YOU NEED NONE OF THIS RHETORIC

XXSPOWER127 said:

JUST LOOK AT THE CONTINUUM ON THE /NQ WEEKLY 110 AND THATS ALL YOU NEED NONE OF THIS RHETORIC

are you using north of 16,010 on NQ? also, do you have software or use the app within this window?

Keep shorting the market bears! That’s the fuel that will help market hit ATH! Inflation coming down, no recession! News or real time data doesn’t affect the market folks! Lol

I don’t care if you have been guru for the last 40 years. When you are wrong, you are wrong! Been wrong 1000 points in SPY. Lol. That’s 3500 to 4500. What’s more painful to see is when they dig their heels on something like “amazing trend line” or vix in bear market. Something that’s not reliable or completely wrong. And still refuses to believe anything and anyone else.

LMAO can you look at WEEKLY AND SEE PROJECTIONS OR ??? You made the software didn't you? Man day after day after day after day the same thing

Stagflationary Depression is now baked in the cake. Consumer is tapped out,historic Leverage throughout the system and corporations,including banks cutting costs,they can see the writing on the wall. Party like it's 1929. Deflation is coming.

A liquidity crisis where the economy slows opening the door for Federal tax receipts falling and interest rates climbing puting pressure on the upside down pyramid to start to teeter and collapse. Spreading everywhere and calling into question all creditors and debtors including sovereigns. Of course stock markets will collapse.

Lol. Market will crash whatever the reason is!!! Lol.